Did you lose money investing with former Stifel, Nicolaus & Company, Incorporated broker Danny Davis (CRD# 853374)? He was registered with Stifel, Nicolaus & Company, Incorporated in Omaha, Nebraska, from 2009 to 2025, when he was terminated regarding, “Violation of firm policy regarding exercising discretion without written authorization.”
Danny Davis Customer Complaints
He has been the subject of three customer complaints between 1990 and 2025, one of which was denied, according to his CRD report. The most recent complaint was regarding:
April 2025. “Customer alleges unauthorized trading that resulted in significant losses and excessive commissions.” The customer is seeking $1,031,605 in damages, and the case is currently pending. The complaint was regarding common and preferred stocks and options losses.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Stifel, Nicolaus & Company, Incorporated be liable for investment or other losses suffered by Danny Davis’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses due to unauthorized trading, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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